Moment of the month - December 2021

February 23, 2022

Location: Sunset Beach, QLD

LVR: 43%

Loan Amount: $1.5M

Use of Funds: Buy now sell later

Scenario: There’s no doubt that the festive month of December can be a busy one, especially for the booming Australian property market. Earlier this month, NSW Macmasters Beach homeowner, Frances found the perfect property for her daughter to relocate to in tropical QLD.

However, due to such a tight turnaround time prior to Christmas, Frances was unable to secure financing from any other lender. 24hrs after reaching out to Bridgit, Frances was unconditionally approved for her bridging loan and was able to successfully purchase her new QLD home.

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